So i'm 24, currently looking to purchase my first rental property - a SFH 3br, 1-2bathrooms, sub 200K, but i've been hesitant to purchase because i don't yet trust myself, and a bit of fear, since obviously it's my fi...

I currenntly have 5 properties and am needing to cut down on tax liabilities for this year. I have never done a cost seg for any properties up to this point and understand the fundamentals of the process. However, I w...

After many years of saving I think it's finally time to pull the trigger on a multi family building later this year.  But first, I'm hoping to get some help from the smart folks on this website.  The apartment buildin...

I would hire a CPA but I'm too small right now to reasonably afford it, so I'm hoping BPers can help.Last year, I successfully executed a 1031 exchange, selling one SFR for $190k and buying two SFRs for $66k and $124k...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $440,000

Cash invested: $120,000

Two 4 plexes connected by a parking lot purchased, all but 1 unit was occupi...

Good afternoon BP investors. I'm going through my first BRRR property and I was wondering if obtaining W9 from contractors during renovation is always a good strategy. I have conducted my due diligence (license and re...

Hello!I am about to close out on my first rental property and wanted some advice on storing the cash flow every month. Should I open up a separate bank account? Or is there like a certain type of app that you guys use...

Hi there. I purchased my first short-term rental two months ago and I put about $25k into renovations into it. I've never had a CPA before, but recently I've talked to two different CPA's about tax preparation for 202...

Hi everyone, I am paying big taxes (my opinion) with my 1099 income.  The CPA really has no good advice besides home office deductions and IRA contributions.  There has to be a better way.  To all of my smart friends,...

I have 6 rental properties, all Single Family Homes. I was previously paying a tax professional around $800 to $900 to prepare my tax returns for my 6 properties as well as my personal. I am using a new tax profession...